Tractor Supply Company $TSCO Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lessened its position in Tractor Supply Company (NASDAQ:TSCO) by 30.9% during the second quarter, Holdings Channel reports. The fund owned 139,690 shares of the specialty retailer’s stock after selling 62,598 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Tractor Supply were worth $4,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Capital International Investors lifted its stake in shares of Tractor Supply by 3.9% in the 4th quarter. Capital International Investors now owns 24,279,046 shares of the specialty retailer’s stock worth $1,214,390,000 after acquiring an additional 902,659 shares during the period. State Street Corp increased its stake in shares of Tractor Supply by 0.7% during the fourth quarter. State Street Corp now owns 23,051,776 shares of the specialty retailer’s stock valued at $1,152,819,000 after acquiring an additional 162,774 shares during the period. Invesco Ltd. increased its stake in shares of Tractor Supply by 18.4% during the fourth quarter. Invesco Ltd. now owns 17,433,611 shares of the specialty retailer’s stock valued at $871,855,000 after acquiring an additional 2,706,819 shares during the period. Geode Capital Management LLC raised its holdings in Tractor Supply by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 15,873,514 shares of the specialty retailer’s stock worth $791,703,000 after purchasing an additional 184,457 shares in the last quarter. Finally, Capital World Investors raised its holdings in Tractor Supply by 2.3% during the fourth quarter. Capital World Investors now owns 15,157,047 shares of the specialty retailer’s stock worth $758,004,000 after purchasing an additional 336,040 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on TSCO shares. Mizuho set a $28.00 target price on Tractor Supply and gave the company a “neutral” rating in a research note on Friday, July 24th. Daiwa Securities Group dropped their price target on shares of Tractor Supply from $52.00 to $41.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Barclays set a $35.00 price target on shares of Tractor Supply and gave the company an “equal weight” rating in a report on Monday, July 13th. UBS Group set a $33.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings cut shares of Tractor Supply from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $39.31.

Insider Buying and Selling at Tractor Supply

In other news, Director Edna Morris purchased 1,560 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $32.44 per share, with a total value of $50,606.40. Following the purchase, the director owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andre J. Hawaux acquired 3,150 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average cost of $31.83 per share, for a total transaction of $100,264.50. Following the transaction, the director owned 3,150 shares of the company’s stock, valued at approximately $100,264.50. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 20,310 shares of company stock worth $652,411 over the last 90 days. 0.64% of the stock is currently owned by corporate insiders.

Tractor Supply Trading Up 3.2%

NASDAQ:TSCO opened at $36.43 on Thursday. The company has a quick ratio of 0.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.83. Tractor Supply Company has a 1-year low of $28.36 and a 1-year high of $62.89. The firm has a market capitalization of $19.11 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 11.48 and a beta of 0.47. The stock has a fifty day simple moving average of $31.13 and a 200 day simple moving average of $39.50.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The firm had revenue of $4.54 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Sell-side analysts forecast that Tractor Supply Company will post 1.93 earnings per share for the current year.

Tractor Supply Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $0.24 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.96 dividend on an annualized basis and a yield of 2.6%. Tractor Supply’s payout ratio is 50.00%.

Tractor Supply Profile

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.